1. Mallory bought a computer system to start her business from home for $5,995. It is expected to depreciate at a rate of 8% per

Question

1. Mallory bought a computer system to start her business from home for $5,995. It is expected to depreciate at a rate of 8% per year. After how many years will the value of her home computer system depreciate to approximately $2,250. Hint: depreciate means decay

Kunduz · Accepted Answer

Click to see the answer